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Shares of Adani Transmission rise as Nifty drops

Updated at : 2022-03-02 10:40:03

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On the technical charts, the 200-day moving average of the stock stood at Rs 1599.78.

GAIL shares rise 3.45% as Nifty drops

Updated at : 2022-03-02 10:40:03

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The stock quoted a 52-week high price of Rs 171.35 and a 52-week low of Rs 125.2.

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“I have come to the conclusion that it would not be a feasible or an honourable decision to accept the position in the shadow of such a narrative," Ayci said in the release. He was seen as close to Turkish president Racep Tayyip Erdogan, a Pakistan ally. Erdogan had referred to the issue of Kashmir in his address to world leaders at the UN General Assembly session late last year.

Union Minister Dr Bhagwat Karad on Tuesday said Bharat Petroleum Corporation Limited (BPCL) has launched a gas distribution network in Aurangabad and Ahmednagar districts of Maharashtra and will invest Rs 4,000 crore for the completion of the project. The minister of state for finance was addressing a press conference with the BPCL officials here.

Lenders seek better offer for Sintex from RIL-ACRE

Updated at : 2022-03-02 09:35:03

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In most cases, lenders negotiate with the highest bidder to maximise recoveries from buyers of the bankrupt companies, said one of the lenders of Sintex. The Reliance-ACRE offer equates to a recovery of 36% for lenders, excluding the 15% equity stake.

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"Vodafone has expressed the need to release bank guarantees since the AGR dues themselves have been deferred by four years," a senior government official told ET. "The company also wishes that the date of the apex court order in favour of the government be frozen as the date till which to compute the AGR dues."

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Over the weekend, RIL shut hundreds of Future stores and removed their signages in a bid to rebrand them as Reliance Retail outlets in the next few days. This was done after Future Group defaulted on rent payments for these locations to Reliance Retail.

AMC, which saw a footfall of nearly 60 million during the quarter, said bookings are very strong for "The Batman" film opening this weekend. It also expects to benefit from releases like "Top Gun: Maverick" and "Black Panther: Wakanda Forever" later this year.

Automobile manufacturers will react to the sales numbers for the month of February 2021. All auto companies announce their monthly sales on the 1st of every month.

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Gold prices dipped in early Asian trade on Wednesday, as the dollar ticked higher, outweighing safe-haven demand fuelled by the intensifying Russia-Ukraine conflict. Spot gold was down 0.4% to $1,935.38 per ounce by 0146 GMT. U.S. gold futures also fell 0.4% to $1,936.50.

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